Mackay Shields LLC cut its holdings in BlackRock MuniVest Fund, Inc. (NYSE:MVF – Free Report) by 7.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,320,857 shares of the company’s stock after selling 99,577 shares during the period. Mackay Shields LLC’s holdings in BlackRock MuniVest Fund were worth $8,691,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Ameritas Advisory Services LLC purchased a new stake in shares of BlackRock MuniVest Fund during the 2nd quarter valued at $33,000. Nuveen LLC purchased a new stake in shares of BlackRock MuniVest Fund during the 1st quarter valued at $85,000. Ackerman Capital Advisors LLC purchased a new stake in shares of BlackRock MuniVest Fund during the 1st quarter valued at $107,000. Oppenheimer & Co. Inc. purchased a new stake in shares of BlackRock MuniVest Fund during the 1st quarter valued at $109,000. Finally, Realta Investment Advisors purchased a new stake in shares of BlackRock MuniVest Fund during the 2nd quarter valued at $138,000. 48.16% of the stock is owned by hedge funds and other institutional investors.
BlackRock MuniVest Fund Price Performance
Shares of NYSE MVF opened at $7.03 on Friday. BlackRock MuniVest Fund, Inc. has a 52-week low of $6.43 and a 52-week high of $7.61. The firm has a fifty day moving average of $6.77 and a 200-day moving average of $6.73.
BlackRock MuniVest Fund Announces Dividend
About BlackRock MuniVest Fund
BlackRock MuniVest Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade, long term municipal obligations that are exempt from federal income taxes.
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